Category: Business

  • MIL-OSI Security: Man Who Defrauded Investors with Sham Technology Company Found Guilty of Wire Fraud and Money Laundering

    Source: Federal Bureau of Investigation (FBI) State Crime News

    SAN FRANCISCO – A federal jury today convicted Ramesh Kris Nathan on six counts of wire fraud and two counts of money laundering in connection with fraudulently obtaining investors’ money for a company that had no legitimate business activities.  The guilty verdict followed an eight-day jury trial before U.S. District Judge Vince Chhabria.

    According to court documents and evidence presented at trial, Nathan, 43, a U.S. national, promised investors that their money would fund Relativity Research Fund, Inc., a company for which Nathan set up a bank account in San Francisco.  He promoted Relativity as being involved in the research and development of advanced technologies, including prototype spacecraft and space-related propulsion systems.  He also made false promises of future trading of the company’s shares on the Nasdaq Private Market.

    “Ramesh Nathan spun fantastic tales about space travel technology and advanced robotics to entice investors into funding his company, but all he had to offer was science fiction.  He deceived his investors, many of whom were veterans, about a nonexistent business.  Then he used the ill-gotten funds to line his own pockets,”  said Acting United States Attorney Patrick D. Robbins.  “Thanks to the jury’s verdict, Mr. Nathan is being held accountable for the harms he caused to multiple victims.”

    “Ramesh Nathan orchestrated a scheme rooted in deception, betraying the trust of investors for his own gain,” said FBI Special Agent in Charge Sanjay Virmani. “Today’s guilty verdict reflects the seriousness of his crimes and brings justice to the victims he defrauded. The FBI remains committed to holding financial criminals accountable and protecting the public from fraud.”

    The evidence presented at trial showed that Nathan induced potential investors to provide funds by making false and misleading statements on his company’s website, in promotional materials, and in emails to potential investors.  For example, Nathan claimed that the company was developing numerous technology-related enterprises, including advanced robotics and space travel technology.  Nathan also represented that the company had significant capital investments, worldwide offices with over 15,000 employees, and tens of billions of dollars in profits and revenue.

    The jury also found that Nathan laundered investor funds through various bank accounts, and then used the funds for his personal expenses and transfers to his mother and his then-girlfriend.  Nathan carried out his fraudulent scheme by recruiting an intermediary to share his lies with investors, many of whom were veterans of the United States military and friends and family of veterans.

    The defendant will next appear in court on June 13, 2025, for further proceedings.  Nathan faces a maximum penalty of 20 years in prison for each count of wire fraud and 10 years in prison for each count of money laundering, and forfeiture of all property that is traceable to his wire fraud and money laundering violations.  Any sentence will be imposed by the Court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.  

    Assistant U.S. Attorneys Roland Chang and Sara Henderson are prosecuting the case, with the assistance of Tina Rosenbaum.  The prosecution is the result of an investigation by the FBI.  
     

    MIL Security OSI

  • MIL-OSI: Blue Cross and Blue Shield of Minnesota Continues Expansion of Behavioral Health Network with New Virtual Options for Children and Families

    Source: GlobeNewswire (MIL-OSI)

    EAGAN, Minn., April 30, 2025 (GLOBE NEWSWIRE) — Blue Cross and Blue Shield of Minnesota (Blue Cross) today announced a new collaboration with two virtual care providers – Charlie Health and Little Otter – to further address the need for more access to behavioral care for children and adolescents. Charlie Health and Little Otter are now in-network providers and available to Blue Cross members requiring personalized and comprehensive behavioral health services for children, adolescents and their families.

    According to the U.S Centers for Disease Control and Prevention, one in seven American children between the ages of three and 17 have a current, diagnosed mental or behavioral health condition. And according to a study by the University of Michigan’s Health Lab, another one in seven are currently suffering from an undiagnosed, treatable mental health disorder.

    “Too many children and teens with mental health needs struggle to access specialized care,” said Brett Hart, vice president of behavioral health and mental health parity at Blue Cross. “Local providers do an amazing job, but the system is under immense strain to keep up with increasing demand. Charlie Health and Little Otter offer additional options to access mental health professionals licensed to practice in Minnesota and other states. From traditional therapy to high-acuity, intensive outpatient treatment, services provided by these innovative providers help to ensure Blue Cross is there for our youngest members.”

    Little Otter is the only virtual healthcare company offering psychiatric evaluation and care for all children up to age 18 and their families, treating mild to high-acuity symptoms. In addition to therapy and psychiatry with medication management for children and caregivers, all families have access to the Little Otter Family Mental Health Checkup, which takes less than 10 minutes to complete. Patients are connected to a licensed clinician within 48 hours. Little Otter also offers seamless referrals to specialty providers like Charlie Health when intensive outpatient care is needed.

    In turn, Charlie Health focuses on high-acuity, intensive outpatient treatment for both adolescents and adults, offering intensive treatment programs for patients experiencing behavioral health crises. Compared to more traditional talk therapy for mild symptoms, Charlie Health focuses treatment around a high-touch curriculum that lasts between nine to 12 weeks. As symptoms improve, Charlie Health can refer patients to lower levels of care, like Little Otter.

    Together, Little Otter and Charlie Health help fill critical gaps in access to behavioral healthcare by providing solutions for all ages across various levels of acuity, while also having the ability to refer up or down, based on the level of care needed.

    Services provided by Little Otter and Charlie Health are available to most Blue Cross and Blue Shield of Minnesota members residing in Minnesota. Blue Cross and Blue Shield of Minnesota members may confirm eligibility for behavioral health services in their respective Blue Cross online portal or by contacting their Blue Cross representative. More information about Blue Cross’ virtual behavioral health providers and services can be found at bluecrossmn.com/bhvirtualcare.

    About Blue Cross and Blue Shield of Minnesota

    For more than 90 years, Blue Cross and Blue Shield of Minnesota (Bluecrossmn.com) has supported our members by ensuring access to high quality care at an affordable price. Our nearly 3 million members can be found in every Minnesota county, all 50 states and on four continents. Blue Cross and Blue Shield of Minnesota is an independent licensee of the Blue Cross and Blue Shield Association.

    About Charlie Health

    Charlie Health is a virtual behavioral health provider delivering high-acuity, evidence-based care that drives life-saving outcomes. The company’s programs provide personalized, intensive treatment for adolescents and adults facing serious mental health conditions and substance use disorders, helping people get the right support at the right time for their unique needs. Their innovative treatment model combines clinical expertise, human connection, and a focus on measurement-based care to support long-term healing. Charlie Health is in-network with most major health plans, including commercial and Medicaid, in 37 states and counting.

    About Little Otter

    Founded in 2020 by Dr. Helen Egger, a leading child psychiatrist, and Rebecca Egger, an expert in technology and product development, Little Otter is a digital mental health company that offers holistic, evidence-backed care for children 0-18 and their families. Through its virtual care platform and offerings, Little Otter provides a comprehensive suite of mental health services that go beyond just treating children to address the needs of the entire family. Available in 15 states and expanding, Little Otter is on a mission to make mental health care accessible, effective, and personalized for families everywhere. To learn more about Little Otter, visit www.littleotterhealth.com.

    FOR MORE INFORMATION:
    Bryce Butzer | 651.662.9183
    Blue Cross and Blue Shield of Minnesota
    bryce.butzer@bluecrossmn.com

    The MIL Network

  • MIL-OSI: PESA Mission Video System Announces Release Targeted at New Mandates and Capabilities

    Source: GlobeNewswire (MIL-OSI)

    HUNTSVILLE, Ala., April 30, 2025 (GLOBE NEWSWIRE) — PESA, a US based software company with decades of experience providing Government, Defense, and Commercial video solutions, announces the availability of significant capability enhancements in support of Mission, Cybersecurity, Modernization and Cost Control. PESA’s Secura video capabilities are centered on a modern and flexible software platform allowing clients to address their mission critical needs independent of architecture (e.g. on premise, private cloud, public cloud) leveraging commercial non-proprietary hardware with peace of mind that the high bar of DOD security standards is being met.

    Secura allows enterprises across Defense and National Security to integrate cost effective video and data distribution as a critical asset into their existing network including cloud, cross domain, secured edge, zero trust, and AI mission goals. Secura provides the “eyes and ears” for Command and Control (C2) Centers, Combat Information Centers (CIC), C5ISR, Field C2 Centers, Operations Centers, Border, Test Ranges, Drones and Secure Edge for DoD Intelligence, Civilian Government agencies and Commercial organizations. Secura ensures information to and from intelligent applications including AI and ML is available securely anytime, anywhere.

    “The requirement to support cybersecure enhanced live video, independent of network capability solves real world problems and the need has never been greater. The current installations of legacy, proprietary, and “castle/moat” unencrypted video systems cannot meet the mission nor DoD cyber mandates. PESA Secura is the platform that delivers the future mission now,” stated Brian Thrasher, President.

    Secura’s DoDIN certified advanced capabilities differentiate it from all other MVDS category products by delivering data (keyboard, mouse, CAC, other), multiple codecs, and unified control to name just a few. The latest release 5.3 includes the only solution providing multiple video codecs to support all types of networks; from high bandwidth to low bandwidth impaired wireless. New DVR record and playback capabilities as well as the integration of PESA SDI Fusion Routers into an independent NIST Fips140-3 cryptography control plane facilitates the seamless shift from legacy to modernization.

    About PESA
    PESA is located in Huntsville (“Rocket City”), Alabama, with 100% of SW written by US citizens conforms to the Buy American Act and CMMC. All PESA products are supported by our industry-recognized services and support team. For more information, please see www.pesa.com or contact info@pesa.com or call us at 1-800-323-PESA (1-800-323-7372).

    The MIL Network

  • MIL-OSI: Oxford Harriman & Company’s Bill Bolas Named to Forbes 2025 Best-In-State Wealth Advisors List in Ohio

    Source: GlobeNewswire (MIL-OSI)

    Cleveland, OH , April 30, 2025 (GLOBE NEWSWIRE) — Oxford Harriman & Company is proud to announce that Bill Bolas, Senior Managing Director & Partner, has been named to the Forbes Best-In-State Wealth Advisors list for 2025 in Ohio. This prestigious accolade, presented by Forbes in partnership with SHOOK Research, recognizes the top-performing wealth advisors across the country based on a rigorous methodology focused on qualitative and quantitative criteria, including industry experience, client retention, assets under management, and a commitment to best practices in wealth management.

    Bill Bolas, Senior Managing Director & Partner at Oxford Harriman & Company, recognized among Forbes’ 2025 Best-In-State Wealth Advisors for Ohio.

    As a Senior Managing Director & Partner at Oxford Harriman & Company, Bill Bolas brings decades of experience helping individuals and families navigate their financial futures with confidence and clarity. Known for his client-first approach and deep understanding of complex financial strategies, Bill has built a reputation for excellence in service and results.

    “We are thrilled to see Bill recognized by Forbes and SHOOK Research,” said Dennis Barba, CEO of Oxford Harriman & Company. We believe “this honor is a testament to Bill’s extraordinary dedication to his clients, his discipline as an advisor, and the values we hold dear at Oxford Harriman. He exemplifies the very best of our practice.”

    Kent Whitaker, President of Oxford Harriman & Company, also praised Bill’s achievement: “Bill’s ability to listen deeply, strategize thoughtfully, and guide clients through life’s most important financial decisions is what makes him so deserving of this award. He represents the gold standard in our profession, and we are incredibly proud to have him as part of our leadership team.”

    The Forbes Best-In-State Wealth Advisors list was developed by SHOOK Research through an independent, algorithm-based process designed to highlight those advisors who demonstrate exceptional credentials, experience, and commitment to clients. Thousands of nominations are vetted each year, making this one of the most competitive awards in the financial services industry.

    2025 Forbes Best-in-State Wealth Advisors

    2025 Forbes Best-In-State Wealth Advisors; Awarded April 2025; Data compiled by SHOOK Research LLC based on the time period from 6/30/23- 6/30/24 (Source: Forbes.com). The Forbes Best-in-State Wealth Advisors rating algorithm is based on the previous year’s industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC. Investment performance is not a criterion. Self-completed survey was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria.

    See list of winners.

    About Oxford Harriman & Company

    Oxford Harriman & Company is a practice designed to help investors accumulate, preserve, and transfer wealth through a collaborative and strategic approach. Serving the financial and wealth management needs of a select group of clients, the practice provides a comprehensive approach to private wealth management that helps to chart a course based on focus, strategy, and discipline. Oxford Harriman & Company is part of the Wells Fargo Advisors Financial Network, with offices throughout the United States, including locations in Ohio, New York, New Jersey, Pennsylvania, Virginia, Michigan, Illinois, South Carolina, Florida, and Massachusetts.

    About Wells Fargo Advisors Financial Network

    For more than 20 years, Wells Fargo Advisors Financial Network, the independent contractor business model of Wells Fargo Wealth & Investment Management (WIM), has offered financial advisors more control, flexibility, and growth around business ownership as well as support from one of the nation’s largest financial institutions. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, Member SIPC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. Any other referenced entity is a separate entity from WFAFN. 

    © 2025 Oxford Harriman & Company. All rights reserved.

     PM-10162026-7867213.1.1

    Press inquiries

    Oxford Harriman & Company
    https://oxfordharriman.com
    Dennis P. Barba, Jr.
    dennis@oxfordharriman.com
    216-755-7150
    3201 Enterprise Parkway
    Suite 400
    Beachwood, OH 44122

    The MIL Network

  • MIL-OSI: BexBack Launches Double Deposit Bonus and 100x Leverage Crypto Futures Trading No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) — As Bitcoin prices return to around $95,000,, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $60,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/14716c86-6d38-4fcb-9648-00dc8a4c8f3d
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    The MIL Network

  • MIL-OSI: Prosafe SE: Notice of Annual General Meeting to be held on 21 May 2025

    Source: GlobeNewswire (MIL-OSI)

    The Annual General Meeting of Prosafe SE will be held on 21 May 2025 at 08.30 a.m. CEST. 

    The notice of the meeting, together with attendance and proxy forms are attached hereto. The Annual General Meeting will be arranged virtually through Lumi. All documents to be processed in the meeting, including a guide for online participation, are or will be made available on https://www.prosafe.com/investor-information/corporate-governance/general-meetings/

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. 

    For more information, please refer to www.prosafe.com (http://www.prosafe.com)

    Oslo, 30 April 2025

    Prosafe SE

    For further information, please contact: 

    Terje Askvig, CEO

    Phone: +47 952 03 886

    Reese McNeel, CFO 

    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    Attachment

    The MIL Network

  • MIL-OSI Europe: The EBA consults on draft amending technical standards on factors assessing the appropriateness of real estate risk weights

    Source: European Banking Authority

    The European Banking Authority (EBA) today launched a public consultation on its draft amending Regulatory Technical Standards (RTS) on the types of factors to be considered by national authorities in assessing the appropriateness of real estate risk weights. This review is driven by the revised Capital Requirements Regulation (CRR 3), which confers a new mandate onto the EBA. The consultation runs until 30 May 2025.

    Based on the assessment of the CRR3 changes to the treatment of exposures secured by immovable property, the only proposed amendment to the existing RTS consists in updating the relevant legal references to align with the new banking framework.

    It is important to note that the original RTS were delivered jointly with another set of technical standards on the appropriateness of the minimum loss given default (LGD) values for retail exposures secured by immovable property. For the sake of simplification and regulatory consistency, the EBA is, therefore, proposing to align both RTS with the CRR3.

    Given the narrow scope of the amendments to the RTS, the EBA will run this consultation over only month. 

    Consultation process

    Responses to this consultation can be sent to the EBA by clicking on the “send your comments” button on the consultation page. Please note that the deadline for the submission of comments is 30 May 2025.

    public hearing  will take place via conference call on Tuesday 13 May from 14:00 to 15:00 CEST. The deadline for registration is the 9 May 2025, 16:00 CEST.

    All contributions received will be published after the consultation closes, unless requested otherwise.

    Legal basis and next steps

    These draft RTS have been developed according to Article 124(11) of Regulation (EU) 2024/1623 (CRR3), which mandates the EBA, in close cooperation with the European Systemic Risk Board, to develop draft RTS to specify the types of factors to be considered for the assessment of the appropriateness of the risk weights referred to in article 124(11). 

    MIL OSI Europe News

  • MIL-OSI USA: House Passes Trahan’s Youth Poisoning Protection Act

    Source: United States House of Representatives – Congresswoman Lori Trahan (D-MA-03)

    WASHINGTON, DC – Today, the U.S. House of Representatives passed Congresswoman Lori Trahan’s (D-MA-03) Youth Poisoning Protection Act, bipartisan legislation that would ban the consumer sale of products containing high concentrations of sodium nitrite, a meat-curing chemical that can be lethal when ingested. The legislation was introduced earlier this year alongside Congressmen Joe Neguse (D-CO-02) and Mike Carey (R-OH-15) as well as U.S. Senators Tammy Duckworth (D-IL), John Curtis (R-UT), and Bernie Moreno (R-OH). 
    “Most Americans have never heard of Sodium Nitrite, but for families who’ve lost loved ones, it’s something they’ll never forget,” Congresswoman Trahan said. “The Youth Poisoning Protection Act would restrict sales of Sodium Nitrite above 10 percent concentration to businesses with verified industrial or commercial use.”
    CLICK HERE or the image below to view Trahan’s speech during the House’s consideration of the legislation. A transcript is embedded below.

    A 2021 New York Times investigation into an online suicide forum found that sodium nitrite was being popularized and encouraged as an easily accessible method to die by suicide. The forum, which is disguised as a safe place to discuss suicidal ideation, hosts threads where anonymous users provide detailed instructions and real-time guidance on how to die by suicide using sodium nitrite. A 2021 toxicology publication based on data from the National Poison Data System (NPDS), one of the data sources used by the CDC, points to a rise in self-poisonings using sodium nitrite in the United States since 2017.
    There is no known recreational use for highly concentrated amounts of sodium nitrite, but at the time of the Times’ investigation, highly concentrated amounts of the poison were widely available on multiple e-commerce platforms, including with free two-day shipping on Amazon. Following outcry from lawmakers and victims’ families, Amazon and a number of other online marketplaces began removing sodium nitrite listings. In May 2023, a Canadian citizen was arrested and charged for shipping packages containing lethal amounts of sodium nitrite to over 40 countries, including 272 sales to individuals in the United Kingdom, of whom at least 88 people died.
    The Youth Poisoning Protection Act bans the sale of consumer products with a concentration of sodium nitrite greater than 10 percent. The bipartisan legislation passed in the House with overwhelming bipartisan support last May.
    If you or someone you know is having suicidal thoughts, feeling at risk of suicide, or experiencing a state of distress, it is crucial to find help immediately. There are many resources available, including the 988 Suicide & Crisis Hotline which provides free, confidential support 24/7, and the Crisis Text Line which offers free crisis counseling 24/7. Dial 988 or text HOME to 741741 to connect with these services.
    ——————————————–
    Congresswoman Lori Trahan
    Remarks As Delivered
    Floor Speech on The Youth Poisoning Protection Act
    April 28, 2025

    I thank the gentleman for yielding as well as his leadership and Chair Bilirakis on this important issue.
    Mr. Speaker, I introduced the Youth Poisoning Protection Act alongside Representative Mike Carey because we are facing an urgent and deeply troubling trend: The promotion of Sodium Nitrite, a toxic chemical, as a method to die by suicide.
    In 2022, the New York Times revealed the existence of online suicide forums that don’t just discuss suicide – they promote it. Anonymous users on these platforms encourage vulnerable children and young adults to end their lives, and they often suggest using this chemical to do it.
    Now, most Americans have never heard of Sodium Nitrite, but for families who’ve lost loved ones, it’s something they’ll never forget. In lower concentrations, it’s a chemical used safely to cure meats and fish, but in higher concentrations, it’s deadly. And for the few who have survived attempts to end their lives using Sodium Nitrite, they report agonizing pain as the chemical deprives their body of oxygen.
    After learning how easy it is to purchase high-concentration Sodium Nitrite, my office worked with retailers to limit access to businesses with a proven use for the chemical, but some sites still openly market it as part of so-called “suicide kits” to people in crisis. There is no federal law that allows us to stop this.
    That’s where this bipartisan legislation comes in. The Youth Poisoning Protection Act would restrict sales of Sodium Nitrite above 10 percent concentration to businesses with verified industrial or commercial use. That threshold is based on expert recommendations for safe handling and won’t interfere with legitimate industries like food processing.
    This bill is focused and reasonable. It targets bad actors who are exploiting a loophole to profit off tragedy, and it does so without burdening responsible businesses.
    That’s why, last Congress, this bill passed the Energy and Commerce Committee unanimously before passing it here on the floor with overwhelming support. Now, we must finish the job. I urge my colleagues to support the Youth Poisoning Protection Act, and I yield back the balance of my time.
    ###

    MIL OSI USA News

  • MIL-OSI Security: South Carolina Resident Sentenced in Connection With $1.4 Million Embezzlement and Identity Theft Scheme

    Source: Office of United States Attorneys

    Defendant and husband used fraudulently obtained funds for vacations, home renovations, pet expenses, and retail purchases.

    Baltimore, Maryland – U.S. District Judge Stephanie A. Gallagher sentenced Valerie Joseph, 61, of Murells Inlet, South Carolina, to 53 months in federal prison and 12 months of home detention. Joseph was convicted of wire fraud conspiracy and aggravated identity theft in connection with a decade-long, $1.4 million embezzlement scheme. Judge Gallagher also ordered the defendant to pay $1.4 million in restitution.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the sentence with Special Agent in Charge William DelBagno of the Federal Bureau of Investigation (FBI) – Baltimore Field Office.

    Beginning in January 2011, at the latest, and continuing into August 2021, Joseph, and her husband Robin, conspired to defraud Victim Business l and Victim K.F. According to court documents, from 2003 until August 2021, Valerie Joseph served as a bookkeeper for Victim Business 1, a wholesale greenhouse and garden center owned by Victim K.F., located in Caroline County, Maryland.

    Valerie and Robin Joseph schemed to make unauthorized charges to three credit-card accounts —associated with Victim Business 1 and Victim K.F. — for personal gain. This included American Express and Capital One accounts, along with a Lowes/Synchrony financial account.

    Routinely, for more than a decade, Valerie and Robin Joseph used credit cards associated with the victims’ accounts to make numerous unauthorized purchases. The theft included unauthorized credit-card charges for $200,000-plus at Walmart; $53,000-plus to AT&T for personal phone bills; $30,000-plus at a Japanese steak and seafood restaurant; and $116,000-plus to PayPal. Valerie and Robin Joseph charged more than $90,000 to Easton Utilities for utility bills; $16,000 to Chesapeake College for tuition payments; $2,500 to the University of Hawaii for college expenses; and $3,800 for cosmetics.

    The couple also charged more than $195,000 to the Lowes Account. Several of the unauthorized Lowes account charges were to purchase materials and supplies to renovate their previous residence in Easton, Maryland.

    Additionally, Valerie and Robin Joseph paid for airline tickets, cruises, Airbnb expenses, and hundreds of retailor gift cards using the victims’ account. The couple also used the victims’ account to pay more than $33,000 in veterinary expenses and charged various items related to their pets, including high-end bird cages for their tropical birds.

    On April 25, 2025, Robin Joseph pled guilty to wire fraud conspiracy and aggravated identity theft in connection with the scheme.  He is facing a maximum sentence of 20 years in federal prison for wire fraud conspiracy and a mandatory two years for aggravated identity theft.

    U.S. Attorney Hayes commended the FBI for its work in the investigation. Ms. Hayes also thanked Assistant U.S. Attorney Paul Riley who is prosecuting the federal case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to report fraud, visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI

  • MIL-OSI Security: BATON ROUGE MAN SENTENCED TO 151 MONTHS IN FEDERAL PRISON FOR BANK ROBBERY

    Source: Office of United States Attorneys

    Acting United States Attorney April M. Leon announced that U.S. Chief Judge Shelly D. Dick sentenced Jonathan Wayne Lanaute, age 40, of Baton Rouge, Louisiana, to 151 months in federal prison following his conviction for bank robbery. The Court further sentenced Lanaute to serve three years of supervised release following his term of imprisonment and ordered him to pay $20,000 in restitution.

    According to admissions made as part of his guilty plea, on the morning of May 3, 2024, Lanaute entered United Community Bank, located on Bluebonnet Boulevard in Baton Rouge, and stated that he needed to cash a check. He approached a counter and passed a handwritten note to the bank teller which stated, “give me all the money in the cash resgister [sic] before everybody die in here.” The teller, fearful of bodily harm, directed the bank’s computer to begin dispensing $100 bills. While waiting for the bills to be dispensed, Lanaute was fidgeting in his sweatshirt pockets as if he had a firearm. He told the teller to “hurry up, hurry up,” and not to make any moves.   

    The machine dispensed fifty $100 bills at a time and ran through four (4) cycles. When complete, Lanaute took the money from the teller and walked towards the bank to leave. Before exiting the building, he heard the machine continuing to dispense money and he returned to the teller counter to retrieve the additional bills before finally exiting the building with $20,000.   

    Law enforcement was dispatched to the scene and retrieved video footage from the bank’s surveillance system. The surveillance footage showed Lanaute entering the bank wearing a grey hooded sweatshirt and a black Saints baseball cap, and ultimately fleeing the scene in a dark colored sedan with a spoiler on the rear of the vehicle. Law enforcement identified the vehicle as a dark grey Mitsubishi Lancer which had been reported stolen during an armed robbery near the bank the previous night.   

    The vehicle was identified around the immediate area of United Community Bank and law enforcement visually confirmed the driver to be the same individual identified as the robber from the bank’s video surveillance. Officers attempted a traffic stop of the vehicle. Lanaute refused to stop and a vehicle pursuit ensued. During the pursuit, he drove the vehicle into ongoing traffic, ran another motorist off the road, and drove in the wrong direction on the interstate. The pursuit of the vehicle ended when the driver crashed head-on into an innocent motorist on the interstate.

    After the crash, Lanaute fled on foot. Following a short foot pursuit, he was apprehended and taken into custody. Lanaute was wearing the same clothing as seen in the bank’s video surveillance.  Approximately $8,207.89 was recovered from his person.

    This case was investigated by the Federal Bureau of Investigation, the Baton Rouge Police Department, and the East Baton Rouge Parish Sheriff’s Office, and was prosecuted by Assistant United States Attorney Kristen Lundin Craig.

    MIL Security OSI

  • MIL-OSI Banking: Large Yacht Corporation Limited

    Source: Isle of Man

    Notice is hereby given that Large Yacht Corporation Limited, which was registered under the Designated Businesses (Registration & Oversight) Act 2015, has been de-registered in accordance with 12(1)(a) of this Act with effect from 30/04/2025.

    MIL OSI Global Banks

  • MIL-OSI Russia: IA Ura.ru: Maxim Chirkov on how Putin responded to Trump’s threats of a global trade war

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    Source: IA Ura.ru

    President Vladimir Putin is restructuring the economy due to the risks of a global trade war. At a meeting on economic issues on April 24, he called for using the turbulence in the world to strengthen domestic production. As Maxim Chirkov, associate professor of the Department of Economic Policy and Economic Measurements at the Institute of Economics and Finance of the State University of Management, explained to URA.RU, Putin is reducing Russia’s dependence on oil and gas prices, increasing the role of non-commodity goods in the economy.

    “A constant, objective analysis of the current economic situation is extremely important. It is always in our field of vision, especially now, when the international economic situation is objectively becoming more complicated, when commodity and financial markets are experiencing serious fluctuations due to the intensification of global competition,” Putin said.

    It is important not only to monitor changes in the world, but also to use the emerging opportunities to develop our production, trade relations and exports, and strengthen the economy as a whole, the president emphasized. According to him, a planned “soft landing” is underway in Russia. This is necessary in order to overcome inflation, which is still at a high level of over 10%, and maintain economic growth.

    The President noted the growth of the manufacturing industry in Russia by more than 5% at the beginning of 2025. He considers the decline in the volume of residential construction to be the most difficult challenge. Putin called for keeping this issue “under special control”, since the pace of construction directly affects the availability of housing and other related industries – from the production of building materials to the production of furniture and household appliances.

    Donald Trump’s trade war became the main topic of discussion for economists from all over the world in April. Washington has raised tariffs on Chinese goods several times, and they are currently at 125%. The US has also imposed higher rates on dozens of other countries, but on April 9, it suspended this decision for 90 days. No additional tariffs were imposed on Russia, but the situation in the world cannot but affect the domestic economy – this is what Putin is preparing for, economist Maxim Chirkov believes.

    “Risks and uncertainty are growing. The authorities need to respond quickly to what is happening in the global economy in order to maintain the growth rates that have been record-breaking for many years. By and large, no one has yet felt the upcoming difficulties, but the tariffs imposed by Trump will have a strong impact on global trade. The Russian economy may also suffer from trade wars, including from falling energy prices,” Chirkov said.

    At the same time, Russia is becoming less and less dependent on the situation on foreign markets and the cost of oil, the economist added. According to him, domestic demand, the creation of production facilities and domestic goods are becoming the basis for economic development. “The fourth largest Russian economy in the world can benefit from the aggravation between the US and China. In 2025, Russia has every chance to increase the pace of economic growth and international trade. It is necessary to respond not only to difficulties, but also to emerging opportunities,” the URA.RU interlocutor summed up.

    Subscribe to the TG channel “Our GUU” Date of publication: 04/30/2025

    IA Ura.ru

    President Vladimir Putin is restructuring the economy amid the risks of a global trade war. At an economic conference on April 24, he called for using global turbulence to strengthen domestic manufacturing….

    ” data-yashareImage=”https://guu.ru/wp-content/uploads/Сми-о-нас-13.png” data-yashareLink=”https://guu.ru/%d0%b8%d0%b0-ura-ru-%d0%bc%d0%b0%d0%ba%d1%81%d0%b8%d0%bc-%d1%87%d0%b8%d1%80%d0%ba%d0%be%d0%b2-%d0%be-%d1%82%d0%be%d0%bc-%d0%ba%d0%b0%d0%ba-%d0%bf%d1%83%d1%82%d0%b8%d0%bd-%d0%be%d1%82%d1%80%d0%b5/”>

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: MissionSquare Retirement names Tom McAndrews as Chief Legal Officer

    Source: GlobeNewswire (MIL-OSI)

    Washington, D.C., April 30, 2025 (GLOBE NEWSWIRE) — MissionSquare Retirement is pleased to announce the appointment of Tom McAndrews as Chief Legal Officer (CLO), reporting to the firm’s chief executive officer and president, Andre Robinson. In his expanded role, McAndrews will oversee MissionSquare’s Corporate Affairs Department, including Legal, Compliance, Government Affairs, Research, and Risk Management.

    “I am thrilled that Tom will take on this expanded role as CLO for our organization,” said Robinson. “Tom’s leadership and dedication to our vision as a company have been instrumental to our growth over the years and will undoubtedly contribute to our continued success as we move forward. This is an exciting next chapter for Tom and our entire team, and I look forward to being on this journey together.”

    McAndrews has been an integral part of the MissionSquare team for over 16 years. He first joined the firm’s legal department in 2008, where he served as vice president, securities counsel. Since joining MissionSquare, McAndrews has worked on various issues related to broker-dealer, investment adviser, and investment company regulation, and his leadership has been instrumental in strengthening MissionSquare’s compliance framework and navigating complex legal matters.

    Before joining MissionSquare, McAndrews held the position of counsel with O’Melveny & Myers, LLP, where he represented clients in securities-related enforcement proceedings before the U.S. Securities and Exchange Commission, U.S. Department of Justice, the New York Stock Exchange, and the Financial Industry Regulatory Authority. He also provided regulatory counseling to his clients regarding compliance with federal securities laws and self-regulatory organization rules. In addition, he has previously held roles with the Securities and Exchange Commission and the U.S. Court of Appeals for Veterans Claims.

    McAndrews earned a bachelor’s degree from the College of the Holy Cross and a doctorate of law from The George Washington University Law School. He served as a submarine officer in the U.S. Navy and is based in Washington, D.C.

    MissionSquare remains focused on its mission to help all plan participants retire well, which continues to drive and define the company today. The firm continues to introduce new tools and resources to help individuals and their families build retirement security.

    About MissionSquare Retirement

    Since its founding in 1972, MissionSquare Retirement has been dedicated to simplifying the path to retirement security for public service employees. As a mission-based financial services company, we manage and administer over $72.0 billion in assets.* Our commitment to delivering results-oriented retirement plans, education, investments, and personalized advice sets us apart. Explore how we enable public service workers to build a secure financial future. For more information, visit www.missionsq.org or follow the company on Facebook, LinkedIn, and X.

    *As of Dec. 31, 2024. Includes 457(b) plans, 401(a) plans, 403(b) plans, Retirement Health Savings plans, Employer Investment Program plans, affiliated IRAs, and investment-only assets.

    The MIL Network

  • MIL-OSI: HTX DAO Dubai Whale Night 2025 Concludes: Partnering with HTX to Unlock Long-Term Ecosystem Value

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) — HTX DAO successfully hosted the HTX DAO Dubai Whale Night 2025, bringing together top builders, investors, and industry leaders for a high-impact evening of insights, product reveals, and ecosystem strategy.

    The event’s central focus was a keynote speech by Justin Sun, Advisor to HTX and Founder of TRON, delivering a clear message about HTX’s momentum and vision for global expansion.

    “Currently, HTX is among the top five offshore exchanges and continues to expand,” Sun stated. “We are completely focused on the Middle East and are also targeting clients from the CIS region and Europe.”

    Sun also emphasized HTX’s commitment to long-term regional growth and global reach. He highlighted the platform’s U.S. ambitions, stating, “The TRX ETF application in the United States represents significant progress. Over the next few years, we will focus on U.S. development to increase our international footprint, which I think is extremely important for both HTX and our broader strategy.”

    He added that HTX is expanding its trading ecosystem with projects like USDD and $TRUMP and invited users around the world to share ideas.

    HTX DAO Drives Growth, Deepens Ecosystem Governance
    Molly, Spokesperson for HTX and Ambassador of HTX DAO, shared updates on platform performance and DAO integration. In Q1 2025, HTX became the only top 10 global exchange to increase spot trading volume, boasting over 50 million registered users and a 210% increase in net deposits. HTX continues to maintain a reserve ratio above 100%.

    She noted that the platform’s success stems from its “security, transparency, and precise market sensitivity.” Looking ahead, HTX will strengthen DAO integration, enabling the community to participate in governance and listing decisions through decentralized voting. This blend of centralized efficiency and decentralized control is key to HTX’s future.

    SVIP Benefits Unveiled, $1M Recruitment Program Launches
    HTX officially unveiled its upgraded SVIP benefits system, tailored for high-frequency traders, institutional clients, and long-term holders. The system focuses on three pillars: cost efficiency, capital efficiency, and exclusive privileges.

    Key highlights include:

    • Ultra-low fees: Spot maker fees as low as 0.0126%, futures maker fees as low as 0%, dramatically reducing transaction costs.
    • Efficient margin and crypto loans: Enjoy up to 9% discount on margin interest rates, flexible loans, and zero service fees. Eligible users can access up to $20 million in credit lines per account, with Fireblocks custody integration to ensure asset safety.
    • SVIP-only privileges: 1-on-1 account managers with 24/7 support, Improved API rate limit, and invitations to private SVIP gatherings.

    SVIP users can further enhance returns by optimizing their Prime tier levels, potentially saving up to $10,000 in monthly fees and increasing overall yields by up to 20%.

    To mark the launch, HTX is rolling out a $1 million SVIP recruitment campaign:

    • Invite new users to become SVIPs and earn up to $5,000 in USDT
    • Enjoy double rewards for VIP users migrating from other platforms
    • Earn an additional $2,000 cashback voucher when referring multiple qualified users

    More SVIP-exclusive benefits will be unveiled in mid-May, further elevating the premium trading experience for top-tier clients.

    About HTX DAO
    As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

    Contact
    Website: www.htxdao.com
    Email: media@htxdao.com
    Ruder Finn Asia

    Disclaimer: This is a paid post and is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86c2506e-94a2-40a8-9f2c-67bab72623d0

    The MIL Network

  • MIL-OSI: TRESU Investment Holding A/S – Annual Report 2024

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 05.2025
    30.04.2025

    TRESU Investment Holding A/S – Annual Report 2024

    The Board of Directors and the Executive Board have today considered and approved the Annual Report of Tresu Investment Holding A/S for the financial year 01.01.2024 – 31.12.2024.

    The Annual Report is presented in accordance with IFRS Accounting Standards as adopted by EU and additional requirements applying to Danish companies.

    We are pleased to invite you to the financial results call, which is being held

                                                 Monday, May 5, 2025, at 3:30 pm CET.

    The Annual Report will be presented by Stephan Plenz, CEO and Torben Børsting, CFO. After the presentations there will be an opportunity for Q+A.

    A recording of the results call will be made available for four hours on the TRESU IR website.

    To register for the investor call, please send an e-mail to Financial manager at TRESU A/S, Finn Holm, no later than May 2, 2025 9am CET  –  fho@tresu.com

    Stephan plenz
    CEO, TRESU

    For further details, please contact:
    CEO, Stephan Plenz, phone: +45 2194 5480
    CFO, Torben Børsting, phone: +45 5130 2780

    Attachments:

    TRESU Investment Holding AS Annual report 2024

    Tresu-2024-12-31-en

    Attachments

    The MIL Network

  • MIL-OSI: Mimecast Appoints Ranjan Singh as Chief Product & Technology Officer

    Source: GlobeNewswire (MIL-OSI)

    LEXINGTON, Mass., April 30, 2025 (GLOBE NEWSWIRE) — RSA Conference 2025, San Francisco – Mimecast, a global cybersecurity leader transforming the way businesses manage and secure human risk, today announced that Ranjan Singh has joined its executive leadership team as Chief Product & Technology Officer.

    Singh brings more than two decades of experience leading product innovation and delivering exceptional, customer-focused cybersecurity solutions. His appointment marks a significant milestone in Mimecast’s evolution, bringing together its product and engineering teams under one unified organization, focused on accelerating transformation, expanding market leadership, and redefining how organizations secure their human layer against modern threats.

    Prior to joining Mimecast, Singh spent more than three years as Chief Product Officer at Kaseya, where he helped drive the company’s rapid global expansion, managing a portfolio of more than 40 SaaS products and contributing to more than $1.5 billion in revenue. His leadership roles at Crestron Electronics and IPC Systems further cemented his reputation for delivering product excellence at scale.

    “We’re thrilled to welcome Ranjan to Mimecast during such a pivotal time for our company,” said Marc van Zadelhoff, CEO of Mimecast. “Ranjan’s deep experience in scaling world-class products, his passion for innovation, and his relentless focus on customer outcomes makes him the ideal leader to drive our Human Risk Management platform forward.”

    Singh’s leadership will be crucial as Mimecast has increased research and development investment by almost 50% over the last two years to deliver adaptive, AI-driven solutions that empower organizations to better manage insider risk, protect email and collaboration environments, and enhance overall cyber resilience.

    Mimecast also recently appointed Rob Juncker as Chief Product Officer. Juncker, who will report directly to Singh, held the role of Chief Technology Officer at Code42 prior to Mimecast’s acquisition in July 2024. These key executive appointments underscore Mimecast’s commitment to excellence in delivering the best possible platform for their global customer base. Preceding both was the earlier appointment of Igor Shmukler as Chief Development Officer, and the addition of Amol Kulkarni to the Mimecast Board of Directors. Kulkarni is a long-time technology executive, most recently at CrowdStrike where he held the title of Chief Product and Engineering Officer.

    “I’m incredibly excited to join Mimecast at a time when securing human risk has never been more important,” said Ranjan Singh. “Mimecast’s vision, culture, and commitment to customer success are what drew me here. I look forward to working alongside very talented colleagues to deliver an exceptional platform that makes organizations more secure, resilient, and empowered to meet the future with confidence.”

    Singh holds a bachelor’s degree from Victoria University in Melbourne, Australia, and a master’s degree from New York University. Originally from India and having lived in Australia and the United States, Singh’s global perspective and cross-market leadership experience will further strengthen Mimecast’s innovation and growth.

    About Mimecast 

    Mimecast is a leading cybersecurity company transforming the way businesses manage and secure human risk. Its AI-powered, API-enabled connected human risk platform is purpose-built to protect organizations from the spectrum of cyber threats. Integrating cutting-edge technology with human-centric pathways, our platform enhances visibility and provides strategic insight.

    By enabling decisive action and empowering businesses to protect their collaborative environments, our technology safeguards critical data and actively engages employees in reducing risk and enhancing productivity. More than 42,000 businesses worldwide trust Mimecast to help them keep ahead of the ever-evolving threat landscape.

    From insider risk to external threats, customers get more with Mimecast. More visibility. More agility. More control. More security.

    Mimecast is a registered trademark or trademark of Mimecast Services Limited in the United States and/or other countries. All other products and/or services referenced are trademarks of their respective companies.

    Press Contacts

    Tim Hamilton
    Principal, Global Corporate Communications Manager
    +1 603-918-6757
    thamilton@mimecast.com

    General inquiries
    press@mimecast.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ef4b4592-eb73-417d-a00a-963944252864

    The MIL Network

  • MIL-OSI: Akka Launches New Deployment Options for Agentic AI at Scale

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) — Akka, the leader in helping enterprises deliver distributed systems, today announced new deployment options, as well as new solutions to tackle the issues with deploying large-scale agentic AI systems. Already the standard for building elastic, agile, and resilient distributed systems, with industry leaders such as Capital One, John Deere, Tubi, Walmart, Swiggy, HPE, and many others, Akka now gives enterprises the freedom to deploy their Akka applications on the infrastructure of their choice. For the first time, enterprises have the option to self-host their application or deploy and automate operations across multiple regions on the Akka Platform.

    “Agentic AI has become a priority with enterprises everywhere as a new model that has the potential to replace enterprise software as we understand it today,” said Tyler Jewell, Akka’s CEO. “With today’s announcement, we’re making it easy for customers to build their distributed systems, including agentic AI systems, without having to commit to the Akka Platform. Now, enterprise teams can quickly build scalable systems locally and run them on any infrastructure they want.”

    Over the past 15 years, the Akka Libraries have been downloaded more than 1 billion times. In November 2024, the Akka SDK was released to further simplify the development of distributed systems, but required the Akka Platform for operations. Now, the simplicity of development with the SDK is matched by the freedom to deploy on any infrastructure.

    Today, Akka has introduced two new deployment capabilities:

    • Self-managed Akka nodes – Enterprises can now run clusters of services that were built with Akka SDK on any cloud infrastructure. The new version of the Akka SDK includes a self-managed build option that will create services that can be executed stand-alone. Services are binaries packaged in Docker images that can be deployed in any container PaaS, bare metal hardware, VMs, edge nodes, or Kubernetes without any Akka infrastructure or platform dependencies. Nodes have Akka clustering built in.
    • Self-hosted Akka Platform regions – Enterprises can now run their own Akka Platform region without any dependency on Akka.io control planes. Services built with the Akka SDK have always been deployable onto Akka Platform, with Akka providing managed services through the company’s Akka Serverless and Akka BYOC offerings. Akka Platform provides fully automated operations, alleviating admins from more than 30 maintenance, security, and observability duties. Serverless and BYOC can federate multiple regions together by using an Akka control plane hosted at Akka.io.

    In contrast, the newly released option for self-hosted regions are Akka Platform regions with no Akka control plane dependency. Self-hosted regions can be installed, maintained, and managed by the customer in any data center with orchestration, proxy, and infrastructure dependencies specified by Akka. Since Akka Platform is updated many times each week, the installation of self-hosted regions is executed in cooperation with Akka’s SRE team to ensure stability and consistency of a customer environment.

    These two new options provide unique benefits to anyone building distributed systems at scale, as other frameworks strictly limit the infrastructure where an application can be deployed. An excellent example of this scenario is the industry’s current shift toward Agentic AI.

    The agentic shift requires a fundamental architectural change from transaction-centered to conversation-centered systems. Traditional SaaS applications are built on stateless business logic executing CRUD operations against relational databases. In contrast, agentic services maintain state within the service itself and store each event to track how the service reached its current state.

    As a result, developer teams experience very unpredictable behavior, limited planning and memory impacting agent effectiveness, hard failures at scale, opaque decision-making with zero transparency, and, perhaps most importantly, significant cost and latency concerns.

    Akka uniquely solves these issues for enterprises and aims to accelerate agentic AI application delivery as these technologies move from data science departments into core application delivery teams. Akka views this as a stack evolution, as agentic services augment rather than replace existing cloud-native application architecture. Akka’s implementation includes non-blocking asynchronous LLM adapters, automatic in-memory, and durable context databases, an event-driven system benchmarked to 10 million TPS, developer-friendly workflow tools, and multi-region deployment capabilities with replication filtering for compliance requirements.

    Already in production in global deployments with millions of users, Akka provides customers with the development and deployment options they need to deliver agentic AI for their businesses. Interested parties can find out more by visiting akka.io.

    About Akka
    Akka, formerly known as Lightbend, is relied upon by industry titans and disruptors to build and run distributed applications that are elastic, agile, and guaranteed resilient. For more information, visit www.akka.io.

    Editorial Contact
    Nichols Communications for Akka
    Jay Nichols
    +1 408 772 1551
    jay@nicholscomm.com

    The MIL Network

  • MIL-OSI: AAFMAA is now “Armed Forces Mutual” Reinforcing Commitment to the Entire Military Community

    Source: GlobeNewswire (MIL-OSI)

    FT. MYER, Va., April 30, 2025 (GLOBE NEWSWIRE) — The American Armed Forces Mutual Aid Association (AAFMAA), the nation’s longest-standing nonprofit financial solutions provider for the military community, today announced that it will now go by “Armed Forces Mutual,” to clearly reflect its commitment to all branches of the military and illustrate what the organization does and who it serves. Though the organization’s name has evolved, the mission and services its Members have long relied on remain unchanged.

    Armed Forces Mutual leadership assures all existing Members that this is the same trusted organization it has been for 146 years. It is an historic nonprofit Association run by and for members of the military community. This name evolution allows the organization to highlight its mutual benefit structure that works to return benefits to Members, not shareholders.

    “‘Armed Forces Mutual’ was always the heart of our name and we are now bringing it front and center to place our mission in the spotlight,” said Michael Meese, President of Armed Forces Mutual. “We are not a new organization with different services or ideals; the only thing changing here is our name. Our commitment to all branches of the military has not wavered and our Members can expect to receive the same services they have come to rely on from us.”

    Since its inception, Armed Forces Mutual has provided financial services and expert advice to hundreds of thousands of active duty servicemembers, National Guardsmen, Reservists, Veterans and their spouses and family members, representing all branches of service. Members of the military community who are interested in learning more about Armed Forces Mutual’s insurance and financial solutions are encouraged to visit armedforcesmutual.com to learn more. Reach out to communciations@aafmaa.com with any questions.

    About Armed Forces Mutual

    Armed Forces Mutual is the longest-standing nonprofit financial solutions provider that empowers the military community with affordable financial solutions — including always-affordable life insurance, expert investment management, and customized residential mortgages. Follow the organization on Facebook, LinkedIn, Instagram and X.

    Media Contact:

    Spencer Herrmann
    FischTank PR
    armedforcesmutual@fischtankpr.com

    The MIL Network

  • MIL-OSI: Varonis Keynote at RSAC 2025: Using Gamer Talent to Address the Cybersecurity Skills Gap

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and SAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) — RSA CONFERENCE 2025 – Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, is proud to announce that Matt Radolec, VP of Incident Response and Cloud Operations, will return to the RSA Conference main stage. Matt will present “Addressing the Cybersecurity Skills Gap with Gamer Talent” on Wednesday, April 30, at 11:10 a.m. PT on the Moscone West Stage.

    Matt joins the list of respected and influential keynote speakers, including Senior Director for Cyber, White House National Security Council Alexei Bulazel, and former Cybersecurity and Infrastructure Security Agency Director Jen Easterly.

    Drawing from his experience building global incident response and forensics teams and fostering talent at Varonis, WilmerHale, and the U.S. Department of State, Matt will explore how the principles of gaming can be applied to cybersecurity, directly feeding the talent pipeline and helping solve the skills gap.

    Visit Varonis at North Hall, Booth #5658

    Stop by the expo hall to learn how Varonis’ cloud-native Data Security Platform enables organizations to reduce data risk in the age of AI. Hear how Varonis helps customers identify and mitigate threats across IaaS and SaaS, safeguard sensitive data, and boost compliance with privacy regulations via automation.

    Additional Resources:

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com 

    The MIL Network

  • MIL-OSI: AB Šiaulių bankas new share buyback program approved

    Source: GlobeNewswire (MIL-OSI)

    On April 30, 2025, the Management Board of AB Šiaulių bankas (the Bank), implementing the decision of the Bank’s ordinary general meeting of shareholders of March 31, 2025, decided to approve the Bank’s share (ISIN code LT0000102253) buyback program, the sole purpose of which is to reduce the Bank’s capital.

    The shares will be purchased by the Bank by placing orders on the Nasdaq Vilnius regulated market under the following conditions and schedule:

    ·         the maximum purchase price per share shall not exceed the higher of the following prices:

    o   the last independent trading price and

    o   the highest independent bid price for a specific transaction on the trading venue where the shares are acquired (Nasdaq Vilnius).

    ·         Start of share buyback: May 5, 2025.

    ·         End of share buyback: June 27, 2025.

    ·       Share purchase schedule – up to 100,000 shares on each trading day of the regulated market.

    ·         Maximum number of shares to be purchased during the program – 2,652,251 shares.

    “Our commitment to our shareholders is to ensure a return of at least 20%, and we are continuing our active efforts to achieve this goal. We have again chosen to implement a share buyback program on the open market, as this method together increases the liquidity of the shares on the stock exchange,” says Tomas Varenbergas, Member of the Bank’s Management Board and Head of the Investment Management Division.

    On the first business day of each calendar week, the Bank will publish information on the transactions carried out during the previous calendar week.

    This share buyback program will be carried out in accordance with the “safe harbor” requirements set out in Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse, Commission Delegated Regulation (EU) No. 2016/1052 of the European Commission supplementing Regulation (EU) No. 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards on conditions for buy-back programs and stabilization measures, Articles 2-4, and other applicable legal provisions.

    On August 15, 2024, the Bank received permission from the European Central Bank (ECB) to repurchase up to 13,745,114 of its own shares, of which the Bank has already acquired 11,092,863.

    Additional information:

    Tomas Varenbergas

    Head of Investment Management

    tomas.varenbergas@sb.lt, +370 610 44447

    The MIL Network

  • MIL-OSI: INVL Technology Interim information for 3 months of 2025

    Source: GlobeNewswire (MIL-OSI)

    Equity of INVL Technology and the Company’s net asset value as of 31 March 2025 was EUR 51.36 million or EUR 4.2767 per share (31 December 2024 these figures were EUR 51.43 million and EUR 4.2896 respectively). 

    Investments of the Company into managed companies amounted to EUR 54.16 million at the end of March 2025 and EUR 45.35 million at the end of March 2024.

    The net loss of the Company for 3 months of 2025 amounted to EUR 0.079 million; the net profit of the Company for 3 months of 2024 was EUR 0.279 million.

    Additional information:

    The equity and the net asset value of INVL Technology, a company that invests in IT businesses, were EUR 51.36 million at the end of March this year, or EUR 4.2767 per share. The figures decreased by 0.1% and 0.3%, respectively, from the start of the year. 

    The company had an unaudited net loss of EUR 0.079 million in the first quarter of 2025; in the same period last year it had a profit of EUR 0.279 million. 

    “The contracts that the businesses have signed and plan to sign allow us to expect growth this year, even despite negative effects from the change in the US dollar exchange rate,” says Kazimieras Tonkūnas, the Managing Partner of INVL Technology. 

    Performance of INVL Technology’s business holdings 

    INVL Technology’s portfolio companies had aggregated revenues of EUR 12.9 million in January-March 2025, which is 8.1% less than in the same period last year. Their gross profit increased 0.6% in the same period of comparison to EUR 4.3 million, while their aggregated EBITDA decreased 26.4% to EUR 0.8 million. 

    INVL Technology owns and manages the cybersecurity company NRD Cyber Security, the GovTech company NRD Companies, and the Baltic IT company Novian.  

    The consolidated revenue of NRD Cyber Security, which also owns NRD Bangladesh, increased 28.2% year-on-year in the first quarter to EUR 1.97 million. Its gross profit grew 25.2% compared to the same period of 2024 to EUR 1.09 million and its EBITDA rose 26.3% to EUR 0.33 million. 

    NRD Companies had consolidated revenue of EUR 2.73 million in the first quarter of 2025, 5.7% more than in same period last year. Its gross profit of EUR 1.24 million was 0.5% less than in the first quarter of 2024. The EBITDA of the NRD Companies group decreased 36.1% to EUR 0.18 million. Norway-based NRD Companies has the subsidiaries Norway Registers Development in Norway, with a branch in Lithuania, and NRD Systems and Etronika in Lithuania. 

    Novian had consolidated revenue of EUR 5.99 million in January-March this year and a gross profit of EUR 1.43 million – 27.0% and 17.5% less, respectively, than in the first quarter last year. The Novian group’s EBITDA decreased 51.0% in the same period of comparison to EUR 0.26 million. The group consists of Novian in Lithuania with the technology-area businesses Novian Technologies, Zissor in Norway, Novian Eesti in Estonia, Andmevara in Moldova, and Novian Rwanda in Rwanda, and the software services businesses Novian Systems and Novian Pro in Lithuania. 

    In mid-March last year, the company announced that it had signed an agreement with the Zurich branch of M&A intermediation service provider Corum Group’s Luxembourg-based unit Corum Group International, to advise and serve as M&A intermediary on the sale of the company’s portfolio of businesses. 

    INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company which must exit its investments no later than mid-July 2026 and distribute the money to shareholders. 

    The person authorized to provide additional information:
    Kazimieras Tonkūnas
    INVL Technology Managing Partner
    E-mail k.tonkunas@invltechnology.lt

    Attachment

    The MIL Network

  • MIL-OSI: insightsoftware Launches EZLease Lessor: Reduces Risk, Cost, and Complexity for Lessor Accounting

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, introduces EZLease Lessor, a lease lifecycle management solution that reduces risk, cost, and complexity for lessors. With this launch, insightsoftware solidifies its position as a trusted partner capable of managing both sides of the lease accounting equation. EZLease Lessor from insightsoftware enables organizations to streamline operations, enhance financial accuracy, and efficiently manage even the most complex lease portfolios.

    Technology and equipment markets continue to shift toward leasing and subscription-based models, creating challenges in accounting, compliance, and scalability. Finance and compliance professionals face added pressure from repetitive, time-consuming manual tasks further complicating their workload. EZLease Lessor addresses these issues by automating compliance processes, eliminating tedious tasks, and providing real-time insights with customers reporting a 20% reduction in manual lease due diligence. It seamlessly supports all lease types, from operating and sales-type, to direct financing, ensuring comprehensive coverage for diverse needs.

    “We understand the growing complexities organizations face in navigating evolving lease accounting requirements and adapting to models like equipment-as-a-service,” said Monica Boydston, General Manager, EPM & Controllership at insightsoftware. “EZLease Lessor was developed by listening closely to our customers, understanding their needs, and designing a product that empowers them to manage both sides of a lease agreement effectively. By addressing these challenges head-on, we are solidifying our leadership in the lease lifecycle management market and helping our customers achieve sustainable growth.”

    With EZLease Lessor, finance and compliance professionals gain capabilities far beyond what outdated systems and spreadsheets offer. They can:

    • Achieve Effortless Compliance: Generate accurate, audit-ready reports with built-in compliance to International Financial Reporting Standard (IFRS) 16 and Accounting Standards Codification (ASC) Topic 842, eliminating time-consuming manual adjustments.
    • Automate Repetitive Processes: Reduce errors and accelerate workflow with tools that handle tasks like creating journal entries and syncing records with enterprise resource planning (ERP) systems. This allows teams to focus on higher-value, strategic tasks.
    • Grow Without Operational Bottlenecks: Seamlessly scale lease management to adapt to higher lease volumes and complex agreements. A user-friendly interface and powerful integrations ensure that growth does not lead to chaos.
    • Reduce Stress and Save Time: Leverage modern, reliable tools that remove redundancies, speed up month-end closings, and simplify portfolio oversight, creating more time for impactful decision-making.

    insightsoftware oversees and automates over 1.4 million leases, representing more than $150 billion in value. Available globally, EZLease Lessor streamlines lessor accounting, helping businesses enhance efficiency and maintain compliance with ease. Join the “Your Guide to Lessor Accounting” webinar on May 7, 2025, at 2 pm ET to learn more about how EZLease Lessor simplifies lease management and drives operational success. Register here.

    About insightsoftware
    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    Daniel Tummeley
    Corporate Communications Manager
    PR@insightsoftware.com

    The MIL Network

  • MIL-OSI: LNG Energy Group Announces Director and Officer Resignation

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy Group”) would like to announce that Michael Galego has communicated his resignation from his positions with the Company, effective immediately.

    We would like to thank Michael for his contributions to the Company, and we wish him the best of luck in his future endeavours.

    About LNG Energy Group

    The Company is focused on the acquisition and development of oil and gas exploration and production assets in Latin America.

    For more information, please see below:

    Website:
    www.lngenergygroup.com

    Investor Relations:
    Angel Roa, Chief Financial Officer
    Email: investor.relations@lngenergygroup.com
    Telephone: +57-321-943-9396

    Find us on social media:
    LinkedIn: https://www.linkedin.com/company/lng-energy-group-inc/  
    Instagram: @lngenergygroup
    X: @LNGEnergyCorp

    The MIL Network

  • MIL-OSI: Western Communities Foundation Celebrates 20th Anniversary of National Walk and Announces New Theme Focusing on Safe Places

    Source: GlobeNewswire (MIL-OSI)

    HIGH RIVER, Alberta, April 30, 2025 (GLOBE NEWSWIRE) — Western Financial Group Communities Foundation is proud to announce the 20th anniversary of its national charity walk, taking place from May 19-24, 2025. This milestone event marks two decades of dedicated efforts to support local communities across Canada with over $1 million donated to local initiatives, funding playgrounds, awarding scholarships, and transforming community spaces since its inception in 2005. This also marks a new chapter of Western’s journey and commitment to caring for communities with a new focus on Safe Places.

    Previously known as the National Walk to Support the Cause, this year’s event has been rebranded as the National Walk for Safe Places. “In a world facing increasing climate disasters, geopolitical uncertainties, rising food and housing costs, and mental health challenges, creating strong, inclusive, and resilient communities is more important than ever,” said Grant Ostir, CEO of Western Financial Group and Foundation Board President. “As a proudly Canadian company, we know the value of feeling safe and secure.”

    From May 19-24, thousands of Western team members, neighbours, and partners will walk together in over 150 communities to support creating safe places to live, play and work. This powerful act of unity highlights the importance of coming together not just as colleagues, but as Canadians who care about their hometowns.

    “Our new focus on building safe places underscores our commitment to caring for and empowering our communities,” said Nancy Green-Bolton, Western Communities Foundation Board Chair and Western Financial Group Chief Operating Officer. “We believe that by building resilient neighbourhoods, we allow our diverse communities to thrive and succeed.”

    As part of the celebrations, Western will donate $10,000 to local charities through its #StepUpAndShare Photowalk Challenge. Between May 1-24, participants are encouraged to share photos of their walking shoes or their neighbourhoods on social media using hashtag #StepUpAndShare, tagging their favourite charity. Each post enters the participant for a chance to win a $1,000 donation for their charity, terms apply. Ten winners will be announced on May 27. Participants are encouraged to visit westerngives.ca and follow along on Western’s social media pages for updates.

    “This is a remarkable opportunity to engage communities from coast to coast and showcase the powerful impact of walking together for a purpose that is both relevant and timely,” shared Michelle Mak, Director of Western Communities Foundation, “What started as a walk with just over 200 people has grown into a nationwide initiative over the past 20 years, inspiring thousands. I’m proud to be a part of a company that’s dedicated to investing in a better, brighter future for everyone.”

    Western Financial Group Communities Foundation

    Founded in 2001, the Western Financial Group Communities Foundation serves to give back to the communities where Western employees live, work and play, and foster employee pride and engagement. The Foundation’s core donation programs include community Infrastructure Grants, the Western Inspirational Awards for graduating high school students, and the Matching Grants Program. Since its inception, the Western Communities Foundation has granted more than $9 million to support local communities.

    About Western Financial Group Inc.

    Headquartered in High River, Alberta, Western Financial Group is a diversified insurance services company that has provided over one million Canadians with protection for over 100 years. Western is committed to community service, customer service, innovation, growth, and people while providing personal and business insurance through our engaged team of over 2,000 people in over 200 communities, affiliates, and various connected channels.

    Since the very beginning, supporting our local communities has guided everything we do—it’s who we are. In 2001, the Western Financial Group Communities Foundation (our non-profit charity) was created as a way for our team members to give back and positively impact the people and pride in the places where we live, work, and play. To date, we have granted over $9 million back into our communities.

    Western Financial Group is a subsidiary of Trimont Financial Ltd., a subsidiary of The Wawanesa Mutual Insurance Company. Visit https://westernfinancialgroup.ca for more.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d47e661a-c3eb-4b76-b04b-bc2881e79a13

    The MIL Network

  • MIL-OSI: Sidetrade publishes its 2024 annual report

    Source: GlobeNewswire (MIL-OSI)

    Sidetrade, the global leader in AI-powered Order-to-Cash applications, today publishes its 2024 Annual Report, highlighting a year defined by record performance, innovation in generative AI, and continued international expansion.

    Sidetrade’s 2024 Annual Report provides an in-depth analysis of the company’s ecosystem, strategic direction, and governance framework. It also reviews the key milestones that shaped the past financial year. Beyond the financial results, the report connects economic performance and non-financial impact, demonstrating Sidetrade’s commitment to responsible growth, exemplary governance, and sustainable value creation.

    This report is designed for investors, partners, customers, and stakeholders who want a deeper understanding of how Sidetrade anticipates, innovates, and shapes the future of corporate finance.

    It is available on the company’s website here.

    Philippe Gangneux, CSR Ambassador and Chief Financial Officer of Sidetrade, commented:

    “In 2024, we delivered record revenue and profitability, while expanding our AI innovation and international footprint. For the second year, we’re integrating both financial and non-financial performance to give our stakeholders a transparent, 360° view of how Sidetrade creates value. Our ability to combine sustained growth, operational excellence, and long-term impact is what sets us apart.

    “This year’s Annual Report goes beyond numbers, highlighting how our intelligent solutions, powered by the Sidetrade Data Lake, are not only accelerating cash flow performance for our customers, but helping finance leaders rethink what’s possible in the age of generative AI.”

    Next financial announcement
    Annual General Meeting: June 18, 2025, 11:00 AM – 12:30 PM (France, Sidetrade headquarters) First Half Year Revenue for 2025: July 16, 2025 (after the stock market closes)

    Investor relations
    Christelle Dhrif                  00 33 6 10 46 72 00           cdhrif@sidetrade.com

    Media relations @Sidetrade
    Becca Parlby               00 44 7824 5055 84         bparlby@sidetrade.com

    About Sidetrade (www.sidetrade.com)
    Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform designed to revolutionize how cash flow is secured and accelerated. Leveraging its next-generation AI, nicknamed Aimie, Sidetrade analyzes $7.2 trillion worth of B2B payment transactions daily in its Cloud, thereby anticipating customer payment behavior and the attrition risk of 40 million buyers worldwide. Aimie recommends the best strategies, dematerializes, and intelligently automates Order-to-Cash processes to enhance productivity, results and working capital across organizations. Sidetrade has a global reach, with 400+ talented employees based in Europe, the United States and Canada, serving global businesses in more than 85 countries. Amongst them: AGFA, BMW Financial Services, Bunzl, DXC, Engie, Inmarsat, KPMG, Lafarge, Manpower, Morningstar, Page, Randstad, Safran, Saint-Gobain, Securitas, Siemens, UGI, Veolia.
    Sidetrade is a participant of the United Nations Global Compact, adhering to its principles-based approach to responsible business.
    For further information, visit us at www.sidetrade.com and follow @Sidetrade on LinkedIn.
    In the event of any discrepancy between the French and English versions of this press release, only the French version is to be taken into account.

    Attachment

    The MIL Network

  • MIL-OSI: NextNRG Expands Services into Oklahoma

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 30, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (“NextNRG” or the “Company”) (Nasdaq: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed, and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging, and on-demand mobile fuel delivery solutions— today announced the expansion of its mobile fueling operations into Oklahoma, further extending its national footprint and advancing its recurring revenue strategy.

    Initial operations in Oklahoma will begin with servicing one of the nation’s largest in-house fleet operators under a long-term agreement. The Company expects to build on this foundation by expanding services to additional national accounts and opening new markets across the state.

    NextNRG believes that Oklahoma’s expanding infrastructure and logistics sectors represent a significant opportunity for mobile fueling services. With more than $9 billion in planned construction through 2030, a high concentration of fleet-reliant industries, and its role as a national freight and energy corridor, the state aligns well with NextNRG’s customer profile and operating model.

    “Oklahoma represents a strong entry point as we expand fueling services for one of the largest in-house fleet operators in the U.S.,” said Michael D. Farkas, Founder and CEO of NextNRG. “This launch not only supports an existing customer relationship under a long-term agreement, but also provides a foundation for broader growth across the state as we scale with additional national partners and open new markets in the region.”

    NextNRG’s direct-to-site fueling services are currently active in several states, including Florida, Texas, California, Tennessee, Michigan and Arizona. The Company provides centralized account management, on-demand scheduling and secure tracking tools through its proprietary customer interface.

    About NextNRG, Inc.
    NextNRG, Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

    At the core of NextNRG’s strategy is its Utility Operating System, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible; and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

    NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, supporting more efficient fuel delivery while advancing clean energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

    To find out more, visit: www.nextnrg.com

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

    Investor Relations Contact
    NextNRG, Inc.
    Sharon Cohen
    SCohen@nextnrg.com

    The MIL Network

  • MIL-OSI: DelNorte Partners with Brazilian Government to Launch Landmark Data Tokenization Project and Release DTV Token

    Source: GlobeNewswire (MIL-OSI)

    Miami, FL, April 30, 2025 (GLOBE NEWSWIRE) — In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions. With deployments already active in MexicoHonduras, and El SalvadorDelNorte is the only tokenization customer relationship management platform operating across four Latin American nations, supported by blockchain networks like Ethereum, NEAR, Polygon, and Partisia, and backed by collaborators including Coldwell Banker, Novotel, Valkary, and Farcana.

    “This is real, working technology addressing trillion-dollar challenges,” says Anton Glotser, Co- Founder & CEO. “We’re not just imagining a future of secure, automated government data — we’re building it, hand-in-hand with governments ready for change.”

    Anton Glotser – Founder & CEO of DelNorte

    The Vision:

    Automating and Securing All Government Data. DelNorte’s mission is to digitize and tokenize all government data — from land titles to IDslicenses, and public records — with a long-term goal of automating and securing every government transaction on the blockchain. By leveraging AI and blockchain, DelNorte’s Terra Vision platform ensures transparency, efficiency, and tamper-proof security, transforming how governments and citizens interact with critical data. This initiative empowers economic inclusion by turning undocumented assets and identities into verifiable, active capital.

    The Founders Driving Change:

    Anton Glotser, a serial entrepreneur with over 20 ventures, is the visionary behind Terra Vision. His focus is on creating infrastructure that revolutionizes government data management and unlocks economic opportunities for billions.

    Jud Ireland, Co-Founder, brings expertise in real estate and a passion for solving global challenges. “Over 70% of critical assets, like land, lack formal documentation,” Ireland explains. “We’re changing that by digitizing and securing all government data, creating pathways to economic empowerment.”

    Anton Glotser and Jud Ireland – Founders of DelNorte

    What Is the DTV Token?
    The DTV Token is the utility backbone of the Terra Vision platform, enabling: • Secure payments for access to digitized government records
    • Staking to enhance network security
    • Governance participation in platform evolution
    • Access to a digital government service hub (e.g., smart contracts for IDs, licenses, deeds, and more)

    Key Details:
    •⁠  ⁠Token Launch: April 30, 2025
    •⁠  ⁠Where to Buy: Multiple launchpads — see pinned post at x.com/delnorte_io
    •⁠  ⁠Also Listed On: MEXC
    •⁠  ⁠Use Cases: Identity verification, secure data transfers, staking, governance, and access to certified digital records

    In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions.

    The DTV Token will be available through multiple launchpads (details in the pinned post at x.com/delnorte_io) and is officially listed on MEXC, making it accessible to a global audience ready to participate in a new era of trusted digital infrastructure.

    Global Expansion:
    With Brazil now onboard, DelNorte is scaling its government-backed programs across Colombia, Costa Rica, Panama, Argentina, Ireland, Guatemala, Cyprus, the Philippines, and beyond. Each partnership advances the shift toward secure, digitized, and automated public data systems.

    About DelNorte:
    DelNorte is a blockchain infrastructure company dedicated to closing legal, economic, and technological gaps worldwide. Founded by Anton Glotser and Jud Ireland, DelNorte builds certified systems to securely digitize and tokenize government data, enabling billions to participate in the global economy.

    Learn More & Join the Movement:
    • Website: https://delnorte.io
    • Linktree: linktr.ee/DTVT
    • X: @delnorte_io | Telegram: t.me/Delnorte_io | Demo: demo.delnorte.io • Press Contact: Rocio Botero | info@latinolive.net

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network

  • MIL-OSI: WisdomTree Multi Asset Issuer Public Limited Company (a public company incorporated with limited liability in Ireland) Collateralised ETP Securities Programme Report and Financial Statements for year ended 31 December 2024

    Source: GlobeNewswire (MIL-OSI)

    WisdomTree Multi Asset Issuer Public Limited Company
    LEI: 2138003QW2ZAYZODBU23
    30 April 2025

    WisdomTree Multi Asset Issuer Public Limited Company

    (a public company incorporated with limited liability in Ireland)

    Collateralised ETP Securities Programme

    Report and Financial Statements for year ended 31 December 2024

    To view the full document, please paste the following URL into the address bar of your browser.

    https://www.wisdomtree.eu/-/media/eu-media-files/other-documents/regulatory/tax/boost/audited-financial-statement-31-december-2024.xhtml
    For further information please contact Europesupport@wisdomtree.com

    The MIL Network

  • MIL-OSI: Prosafe SE: 2024 Annual report

    Source: GlobeNewswire (MIL-OSI)

    30 April 2025 – Prosafe SE today published the Annual report, Transparency Act Statement and Remuneration report for 2024. The Annual report includes the 2024 annual accounts, corporate governance report and sustainability report. 

    On 31 January 2025, Prosafe reported preliminary and unaudited results for the fourth quarter and full year 2024. Today’s audited accounts include adjustments to EBITDA and net loss compared to the end-January preliminary figures following the sale of the Safe Concordia completed in March 2025.

    • EBITDA increased by USD 3.4 from USD 23.8 million to USD 27.2 million due to reversal of demobilisation accruals
    • Impairment increased from nil to USD 8.4 million due to a realised sale price below the net book value after the reporting date
    • Net loss for the period increased by USD 4.9 million, from USD 41.8 million to 46.7 million

    The reports are attached and also available on https://www.prosafe.com/investor-information/annual-reports/ and on https://newsweb.oslobors.no/

    Prosafe also published its annual financial statements in European Single Electronic Format (ESEF), which can be found on the website. 

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com

    For further information, please contact:

    Reese McNeel, CFO
    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    Attachments

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  • MIL-Evening Report: What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs

    Source: The Conversation (Au and NZ) – By Amal Elawady, Associate Professor of Civil and Environmental Engineering, Florida International University

    A downburst blasts Bangkok, Thailand, in 2017. Natapat Ariyamongkol/iStock/Getty Images Plus

    From a distance, a downburst can look like a torrent of heavy rain. But at ground level, its behavior can be far more destructive.

    When a downburst’s winds hit the ground, they shoot out horizontally in all directions, sometimes with enough force to shatter windows and overturn vehicles.

    These winds behave in complicated ways, particularly in cities, as our latest research shows. Downburst winds can deflect off tall buildings, increasing the pressure on neighboring buildings’ windows and walls. The result can blow out glass and chip off facade. Even buildings designed to survive hurricanes can suffer major damage in a downburst.

    As engineers, we study downbursts with the goal of designing buildings, components such as solar panels and windows, and infrastructure such as power lines that can stand up to that powerful force. To do this, informed by field measurements, we create our own powerful downbursts using a hurricane simulator known as the Wall of Wind at Florida International University.

    An illustration of how the winds of a downburst fan out in open space. In a city with tall buildings, the wind can deflect off buildings, causing damage in unexpected ways.
    NASA/Wikimedia Commons

    What is a downburst?

    Downbursts can be as destructive as tornadoes, but their winds develop in a very different way.

    A downburst forms when a thunderstorm pulls cooler, heavier air down from high in the atmosphere. As this rain-cooled air rushes downward, it gains speed. Once it slams into the ground, it has nowhere to go but outward, sending strong winds in all horizontal directions.

    Dust in the air shows the curling rotation of a downburst’s winds.
    NOAA

    The wind speed in a downburst can reach over 150 miles per hour. That’s the strength of a Category 4 hurricane and strong enough to knock down trees and power lines, damage buildings and flip vehicles.

    These winds also rotate, but not in the same way tornadoes do. Downburst winds are typically considered straight-line winds, but they rotate around a horizontal axis as the wind curls upward after hitting the ground. Tornadoes, in contrast, spin around a vertical axis.

    Powerful storm systems known as derechos are often made up of multiple downburst clusters, each containing many smaller downbursts, sometimes called microbursts.

    Recreating Houston’s downburst in a warehouse

    On May 16, 2024, a derecho hit Houston with a downburst that was so strong, it blew out windows in several high-rise buildings that had been built to survive Category 4 hurricanes. The winds also pried off chunks of buildings’ facades.

    Two months later, Hurricane Beryl hit Houston with similar wind speeds, yet it left minimal damage to the downtown buildings.

    When a downburst hit downtown Houston on May 16, 2024, it shattered windows on some sides of buildings but not others, and not always in the line of the storm. The damage offered clues to how downbursts interact with tall buildings.
    Cécile Clocheret/AFP via Getty Images

    To understand how a downburst like this can be so much more destructive – and what cities and building designers can do about it – we simulated both the Houston downburst winds and Hurricane Beryl’s winds in the Wall of Wind.

    The test facility is equipped with a dozen jet fans, each almost as tall as the workers who run them and powerful enough to simulate a Category 5 hurricane. Our team used these fans to recreate powerful downburst winds that hit horizontally with the maximum wind speeds near ground level. Then, we put several models of buildings to the test to see how roofs, windows, facades and the structures of power lines reacted under that force.

    How the Wall of Wind’s fans mimic a downburst’s horizontal force.

    In the Houston derecho, a downburst hit downtown with 100 mph winds. It cracked some lower windows, likely with blowing debris, but it also caused widespread unexpected damage midway up some of the buildings.

    The Chevron Building Auditorium actually suffered the most damage on a side that wasn’t directly in the line of the storm but was facing another tall building. That left some intriguing questions. It suggested that the way the buildings channel the wind may have created a strong suction that blew out windows midway up the tower. Another burning question is whether building design codes are outdated when it comes to how well their cladding can stand up to these localized winds.

    Using the Wall of Wind, we were able to test those pressures on models of the Houston buildings and see how downburst winds increased the pressured on a tall building model with excessive forces near the ground level.

    The ability to simulate these winds is important for improving engineers’ understanding of the differences in how downbursts and other wind events exert force on buildings. The results ultimately inform building standards to help create more resilient and better-protected communities.

    Building better power lines

    Big storms, like downbursts, can also take down power lines.

    Power lines extend hundreds of miles between cities and states, making them more susceptible to a hit from a localized severe storm, such as a downburst. If one of the towers falls, it can cause a chain reaction, like dominoes falling one after another. That can knock out power for large numbers of people.

    The derecho that hit Houston with a downburst also crumpled transmission towers in Texas.
    AP Photo/David J. Phillip

    With colleagues, we have been testing transmission towers and multispan power-line systems under downburst and hurricane winds to understand how these structures respond, with the goal of developing better construction techniques. That work has helped to update the American manual for the design of power lines, which engineers use for designing safer, more storm-resilient transmission towers.

    What’s next

    Low-rise and mid-rise buildings are also vulnerable to downbursts, but the effects are less well understood. Downburst winds are most intense between 10 and 300 feet above the ground, meaning the roofs and walls of some low-rises can be hit with intense horizontal wind.

    Recent building codes have offered design guidelines to help ensure these buildings can withstand tornadoes. However, the way downbursts rotate in a short time around a building or a community of buildings puts pressure on the walls and the roof in different ways. Similar to straight-line winds, we expect high suction on the roof. Due to their short duration, varying wind direction and intense wind speed, downbursts may also cause excessive vibrations and varying pressure distribution on the roof components.

    How microbursts form.

    We’re now testing downburst damage to low- and mid-rise buildings to better understand the risks and help highlight changes that can make buildings more resilient.

    As populations grow, cities are adding more buildings. At the same time, powerful storms are becoming more frequent and more intense. Understanding the effects of different types of storms will help engineers construct high-rises, low-rises and power lines that are better able to withstand extreme weather.

    Amal Elawady receives funding from the National Science Foundation.

    Fahim Ahmed, Mohamed Eissa, and Omar Metwally do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs – https://theconversation.com/what-is-a-downburst-these-winds-can-be-as-destructive-as-tornadoes-we-recreate-them-to-test-building-designs-254931

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